REAL ESTATE

Centro Properties Group changes name to Brixmor Property Group

BY Staff Writer

New York City — Centro Properties Group US is changing its name to Brixmor Property Group, effective immediately. The name change follows the acquisition of the company in June by an affiliate of Blackstone Real Estate Partners VI L.P.

Brixmor is the second largest owner of community and neighborhood shopping centers in the United States with 585 properties aggregating approximately 92.0 million sq. ft. and has been a leader in value-creating redevelopment over the last decade.

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News

ASDA Stores to launch mobile grocery delivery notification

BY CSA STAFF

Encinitas, Calif. — U.K. retailer ASDA Stores Ltd., a division of Wal-Mart, will roll out Single Touch Systems’ mobile-based Grocery Delivery Notification Program. It is Single Touch’s first business win outside the United States.”

“The goal of the Grocery Delivery Notification Program is to enhance customer satisfaction with ASDA’s home delivery service by assuring that customers are informed in a timely manner about the status of their delivery,” said James Orsini, CEO, Single Touch. “Customers receive notifications when groceries are set to be delivered. If the delivery is late, the customer will get an SMS notifying them of the delay and the revised delivery time. Notifications will be converted to voice for landline phone as well.”

With 536 locations, ASDA is the second-largest supermarket chain in the United Kingdom.

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OPERATIONS

CBRE report finds male shoppers driving online shopping in Europe

BY Marianne Wilson

London — Across Europe, it is men who are driving the charge into Internet shopping, according to a new study by CB Richard Ellis (CBRE). The report, released at the World Retail Congress in Berlin, finds that while women have driven in-store shopping, men shop nearly twice as often online as women (buying once every 2.5 weeks versus once a month).

Among the key findings:

  • Following established high levels of online sales for books, music and computer games, consumers are becoming increasingly confident when purchasing clothing and footwear online;
  • Young people are deterred by delivery charges and difficulties in returning items when buying online;
  • Despite technological developments, fears over security remain the biggest barrier to online shopping;
  • Connection speed and the retail website experience itself are no longer barriers to online shopping; and
  • Social media currently has little impact in the decision-making process when shopping online, while purchasing via mobile phones has yet to take off.

“Our research shows that the physical store and the Internet are not adversaries but complementary,” Peter Gold, head of cross border retail EMEA, CB Richard Ellis. “Across Europe, consumers are most comfortable blending the best of both worlds — the speed and convenience of an online purchase with the more broadly satisfying and social experience of a trip to the shops. In challenging economic times it is the multichannel proposition that improves customer choice and also provides the most dynamic solution for retailers.”

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